Surety Bond / Financial
ServicesSurety
bonds are frequently used in order to obtain a contract. The
general contractor (and often the sub-contractors as well) must
provide the owners a bond for its performance of the terms of
the contract. Conversely, owners and contractors may also
provide payment bonds to ensure that subcontractors and
suppliers are paid for work done.
Surety Bond Categories:
Contract Surety Bonds
Bid Bonds
Performance Bonds
Subdivision Bonds
Commercial Surety Bonds
Auto Dealer Bonds
Bad Credit Surety Bonds
License and Permit Bonds
License and Permit bonds is a
category of bonding all its own. These bonds are typically
required for many licensing applications, such as auto dealer
and broker licenses.
Mortgage Broker Bonds
The Mortgage Broker bond, also
know as a mortgage surety bond, is required by state law in
order to obtain a mortgage broker license.
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Subjects keywords:
Surety
Bonds